The utilization of a __________, such as a franchise, can assist in mitigating the business venture risk, to some extent.

A. proven business model
B. turnkey operation
C. business model prototype
D. a) and b)
E. all of the above

Ans: D. a) and b)

Business

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________ is simply the interest earned in subsequent periods on the interest earned in prior periods

A) Quoted interest B) Anticipated interest C) Simple interest D) Compound interest

Business

Section 204 of SOX refers to the internal control responsibilities of the firm

a. True b. False

Business